The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies
In practice, audit fees are determined based on agreement, negotiation and consensus between auditee and auditor. With the exception of the Malaysian Institute of Accountants' schedule for determining minimum audit fees, no specific guideline has been issued either by the Malaysian government...
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my.uum.repo.1792017-03-12T07:54:17Z http://repo.uum.edu.my/179/ The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies Che Ahmad, Ayoib Derashid, Chek HG Finance In practice, audit fees are determined based on agreement, negotiation and consensus between auditee and auditor. With the exception of the Malaysian Institute of Accountants' schedule for determining minimum audit fees, no specific guideline has been issued either by the Malaysian government or other accounting bodies. This study examined the explanatory power of previously identified factors that could influence the pricing of audit services in the Malaysian setting. The factors examined included the size of company (measured either by total assets or turnover), complexity of company (measured by the number of the companies in the same group, i.e., holding, as well as subsidiaries), profitability, liquidity and leverage of auditees, audit opinion, size and location of the auditors, audit season, audit delay, and classification of the industries in which the auditees operate. Consistent with previous studies, the size and complexity of the audited companies were found to be the major determinants of audit fees. Universiti Utara Malaysia 1996-07 Article PeerReviewed application/pdf en http://repo.uum.edu.my/179/1/Ayoib_Che_Ahmad.pdf Che Ahmad, Ayoib and Derashid, Chek (1996) The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies. Analisis, 4 (1). pp. 33-45. ISSN 0127-8983 http://ijms.uum.edu.my |
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HG Finance Che Ahmad, Ayoib Derashid, Chek The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies |
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In practice, audit fees are determined based on agreement, negotiation and consensus between auditee and auditor. With the exception of the Malaysian Institute of Accountants' schedule for determining minimum audit fees, no specific
guideline has been issued either by the Malaysian government or other accounting bodies. This study examined the explanatory power of previously identified factors
that could influence the pricing of audit services in the Malaysian setting. The factors examined included the size of company (measured either by total assets or turnover), complexity of company (measured by the number of the companies in the same group, i.e., holding, as well as subsidiaries), profitability, liquidity and leverage of auditees, audit opinion, size and location of the auditors, audit season, audit delay, and classification of the industries in which the auditees operate. Consistent with previous studies, the size and complexity of the audited companies were found to be the major determinants of audit fees. |
format |
Article |
author |
Che Ahmad, Ayoib Derashid, Chek |
author_facet |
Che Ahmad, Ayoib Derashid, Chek |
author_sort |
Che Ahmad, Ayoib |
title |
The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies |
title_short |
The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies |
title_full |
The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies |
title_fullStr |
The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies |
title_full_unstemmed |
The pricing of audit services: evidence from the Kuala Lumpur Stock Exchange (KLSE) listed companies |
title_sort |
pricing of audit services: evidence from the kuala lumpur stock exchange (klse) listed companies |
publisher |
Universiti Utara Malaysia |
publishDate |
1996 |
url |
http://repo.uum.edu.my/179/1/Ayoib_Che_Ahmad.pdf http://repo.uum.edu.my/179/ http://ijms.uum.edu.my |
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1644277730821275648 |
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13.2014675 |